Melbourne-based agtech innovation hub SproutX has opened applications for its first full accelerator program, which will see 10 startups work to develop and commercialise their ideas in the agricultural sector.

Australia’s first national agtech innovation hub SproutX has launched today to transform the country’s $60 billion agriculture industry. The innovation hub follows on from a recent StartupAUS report outlining how Australia’s agriculture sector, supported by agtech can develop into a $100 billion industry by 2030.